Software developer ConsenSys has confirmed a cut of around 11% of staff. The optimization affected 96 employees. Today we need to make the extremely difficult decision to streamline some of ConsenSys’ teams to adjust to challenging and uncertain market conditions.https://t.co/Svuk9yYj6J 1/10 — Joseph Lubin (@ethereumJoseph) January 18, 2023 Company founder Joseph Lubin listed the factors that influenced this decision. “The current bear market has coincided with a very challenging macro environment driven by rising inflation, lagging economic activity and increased geopolitical unrest,” he wrote. Going forward, ConsenSys will focus its business on “core value drivers” including the MetaMask wallet and
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Author: NixCoin